WE ACCELERATE YOUR PLANS TO GET THERE
Advisory CFO Services To Improve Fitness Businesses Like Yours
The Fitness CPA combines bookkeeping, tax accounting and CFO services all under one roof. We provide metric driven guidance to help owners develop KPIs, forecast projections, and strategically plan to grow and exit their business.
What Does an Outsourced CFO Do?
We do the heavy financial lifting that a Chief Financial Officer would normally do, at a fraction of the price.
Manage costs, cash flow and financial projections
1
Advise on industry related benchmarks
2
Provide the data for tough business decisions
3
Set up the business for growth,
expansion, acquisition and exit
4
More ways we add value to your gym or fitness studio...
Cash management
Board meetings
Scenario Modeling
Location acquisition
due diligence
due diligence
Bank financing, funding,
and investor preparations
and presentations
and investor preparations
and presentations
Staffing consults: hiring, firing,
demoting, promoting, benefits
demoting, promoting, benefits
Proactive tax planning
Insurance support
Landlord/Lease support
Operational recommendations
driven from financials metrics
driven from financials metrics
Budgeting oversight
and proactive forecasting
(both long and short term)
and proactive forecasting
(both long and short term)
Exit strategy
Strategic planning
Maximizing profitability
Business coaching
IRS, State, Government
correspondence
correspondence
Trend Analysis including
historical and industry
comparatives
historical and industry
comparatives
3 Ways Outsourced CFO Services Can Help Your Business
The best advice to
Navigate a saturated fitness market
The best advice to
Navigate a saturated fitness market
We get it - the fitness industry is tough. It's a crowded market with limited margins and growing competition. Our job as CFO is to help you strategically grow and expand your business using profit-focused methods we've proven to work.
Strategic recommendations
From an unbiased advisor
Strategic recommendations
From an unbiased advisor
After decades of experience in the fitness industry, we know what works and what doesn't. We're here to give you the hard facts of where and how your business can improve. Have a tough decision to make? We should be the first advisor you call.
Accelerate business growth
By letting go of the managerial work
Accelerate business growth
By letting go of the managerial work
As a business owner, your role is to work on the business - not in it. Let us take care of cash management, financial projections and revenue strategy so you can get back to doing what you do best.
Are You Leaving Revenue On The Table?
Download Our 8 Step Revenue Guide To Add Thousands To Your Business
What it's like to work with the Fitness CPA?
MEET and GREET
First, let's meet to discuss your business and The Fitness CPA. Is it a good fit?
MEET and GREET
Deep Analysis Of Financials
If so, we'll start diving into your books. We'll develop a baseline of metrics and benchmarks going forward based on your individual business goals.
Deep Analysis Of Financials
Performance Review
Through regular meetings, your Fitness CPA will provide detailed metrics of how the business is performing. We respond to your concerns and questions, and bring answers to those issues to discuss.
Performance Review
Strategic Planning
Your dedicated CFO will help develop a strategy for taking your fitness studio forward. Whether that's through expansion or a strategic exit, we'll craft the roadmap.
Strategic Planning
Monitor and Reassess
The Fitness CPA will continue to provide ongoing support through regular meetings, phone calls and email. We'll be your first point of contact for any tough decision.
Monitor and Reassess
What our clients say!
“Eric and his team at The Fitness CPA have been a huge asset to the functionality and organization to our business. He is able to explain and organize data and numbers in a way that makes sense to a non-accounting person. The in-person meetings are focused and applicable. The email support is prompt in responses and gives me the resources to feel confident in the decisions I am making. I look forward to a continued relationship our business progresses and grows.”
– Cheresa Peterson Canning
Frequently Asked Questions
Is my business ready for outsourced CFO services?
First, we'll want to make sure you have up-to-date and timely financials each and every month. Then, even small single location fitness concepts will benefit from fractional CFO services. Our lowest advisory plan meets just four times per year which is plenty to make a meaningful impact in your small business, or help bigger companies see the benefits of our advisory services before committing to a larger plan.
Do you handle multi-locations?
Multi-location gyms and fitness studios benefit the most from outsourced CFO services. Firstly, if you're overseeing multiple locations, you have better things to do than crunch the numbers. Secondly, having multiple locations allows us to compare and contrast each location to ensure it's performing its best and offer recommendations for improvement.
Do your CFO services include bookkeeping and taxes?
We package our bookkeeping, tax and CFO services together into one fixed monthly price.